Having sold my house in Didsbury last January but the buyer keeps whats apping me complaining that their solicitor needs to hear from mine. What should have happened now that I have sold?

After completion of your house sale your solicitor should send the transfer deeds and all of the paperwork to the buyer’s lawyers. Where relevant, your lawyer should also send confirmation that the mortgage has been discharged to the buyers lawyers. There are no post completion steps peculiar conveyancing in Didsbury.

We are planning to purchase with . We have called around locally yet am struggling to find a Didsbury conveyancing firm on the panel. Please you assist?

Feel free to take advantage of the find a lender approved solicitor tool on this page. Pick the mortgage company and type Didsbury or your location and you will be presented with a number of lawyer located in Didsbury or nearest you.

I need to retain a conveyancing solicitor for residential conveyancing in Didsbury. I have stumble across a site which seems to have the ideal answer If there is a chance to get all this stuff done via email that would be ideal. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am tempted by the attractive purchase price for a two apartments in Didsbury which have about forty five years unexpired on the lease term. Should I regard a short lease as a deal breaker?

There is no doubt about it. A leasehold flat in Didsbury is a deteriorating asset as a result of the shortening lease. The nearer the lease gets to zero years unexpired, the more it reduces the marketability of the property. The majority of buyers and mortgage companies, leases with under 75 years become less and less marketable. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Didsbury conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I acquired a 2 bed flat in Didsbury, conveyancing having been completed 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Didsbury with over 90 years remaining are worth £165,000. The average or mid-range amount of ground rent is £45 levied per year. The lease terminates on 21st October 50

With 50 years unexpired we estimate the premium for your lease extension to range between £36,100 and £41,800 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.

We are in the middle of buying a property in Didsbury. Conveyancing solicitor has told us the title is "Leasehold". Does this make a difference on the salability of the house?

Didsbury conveyancing does not ordinarily involve leasehold houses. The crucial factor here is the remaining lease term and the ground rent. If it's 999 years with a peppercorn rent, it's essentially freehold, so it’s unlikely to impact the value too much.

At the other end of the spectrum, if it's, say, Sixty years it is bound to have a material effect on the value, and most likely wouldn't be mortgageable. The remaining lease term and ground rent will be stated in the lease provided to your .